Get the latest tech news

Former Celsius CEO pleads guilty to two fraud charges


Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, has pleaded guilty to two fraud charges.

National agencies began a push into fraud charges for cryptocurrency schemes in 2022, when several notable companies filed for bankruptcy as token prices plummeted in response to rising interest rates and high inflation. AI-generated content played a much smaller role in global election misinformation than what many officials and researchers had feared, according to a new analysis from Meta. The biggest news stories this morning: Amazon Prime members can play Death Stranding for free on Luna this month, AOC is the first Bluesky user with a million followers, Walmart Cyber Monday deals still available.and I

Get the Android app

Or read this on Endgadget

Read more on:

Photo of Celsius

Celsius

Photo of fraud charges

fraud charges

Photo of Celsius CEO

Celsius CEO

Related news:

News photo

Bankrupted crypto lender Celsius sues Tether and Netanyahu’s niece

News photo

Tech tycoon Mike Lynch cleared of all fraud charges in Hewlett-Packard trial

News photo

Temperatures in Pakistan cross 52 degrees Celsius (125,6°F)